The price for a barrel of crude oil on the New York Mercantile Exchange gained
38 cents overnight to $95.52 per barrel Friday morning.
Prices recovered from Thursday's drop, which was prompted by a global sell-off in equity markets, a reaction to news the U.S. Federal Reserve could begin to wind down a stimulus program this year.
Reformulated blendstock gasoline, which lost more than 10 cents Thursday, also rebounded slightly, gaining 1.59 cents to $2.7934 a gallon.
Home heating oil gained 1.46 cents to $2.8876 a gallon.
Natural gas shed 0.4 cents to $3.873 per million British thermal units.
At the pump, the average price for a gallon of unleaded regular gasoline was $3.592, down from Thursday's $3.598, the AAA Fuel Gauge report said
Most Popular Stories
- Scholarships Offered for Hispanic Heritage Month
- Boeing Succeeds in Early Wooing of China Airline Startups
- Latin America Seeks Ways to Add Value to China Exports
- EU Finance Ministers Discuss Investment Plan
- Steve Ballmer Files Six-Figure Counterclaim vs. Steve Gordon
- IS Releases New Beheading Video
- Detroit Bankruptcy: Pivotal Progress in Trial's Second Week
- Will Apple's Digital Wallet Conquer the Card Swipe?
- Apple Reportedly Spent $100MM for Free U2 Album from iTunes
- Olive Garden's Breadsticks Targeted by Activist Investor